This may have been a viable strategy long time ago, but as with all loopholes, when they become popular, they stop working.
As it stands, whenever you buy a stock just before the ex-div date, it will drop by the dividend amount immediately after. If you happened to have experienced stock price going up after the ex-dividend date, it is likely that it went down (just as it has to) but then simply went up due to other factors, such as positive news sentiment, beneficial announcements or simply shares’ demand being above the supply/demand equilibrium which naturally drives prices upwards
We are still sending chat notifications when we transfer dividend payments to your account so if you’re not receiving those, please check that you still have notifications enabled for the app.
If you do, then just drop us a message in the app so that we can look into this
I get notifications, including notifications of in-app chats, but never got any message regarding my previous dividend payment. Is it a purely manual process; can someone just forget to send the message?